Ageas Federal Life Insurance Unit Head Salaries by 20+ Employees

6 - 18 years exp.

₹8 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Unit Head Salary in Insurance Companies for 6 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Unit Head Salary 7 - 17 years exp. (14 salaries)	₹8 L/yr - ₹13.9 L/yr
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Sales & Business Development Unit Head Salary 6 - 18 years exp. (7 salaries)	₹8.6 L/yr - ₹12.2 L/yr

Last Updated: 20 Apr 2024

Companies similar to Ageas Federal Life Insurance for Unit Head

Company name	Avg Annual Salary	Open Jobs
Aegon Life Insurance Unit Head Salary 9 - 18 years exp. (5 salaries)	₹8.5 L/yr - ₹9.2 L/yr 22% less
Bharti AXA Life Insurance Unit Head Salary 3 - 17 years exp. (5 salaries)	₹5.5 L/yr - ₹6 L/yr 50% less
Login to view exact salary
Bajaj Capital Insurance Unit Head Salary 5 - 22 years exp. (4 salaries)	₹5.6 L/yr - ₹12.7 L/yr 17% less
ManipalCigna Health Insurance Unit Head Salary 6 - 8 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 69% less
NoBroker Unit Head Salary 1 - 6 years exp. (298 salaries)	₹0.8 L/yr - ₹6.5 L/yr 57% less

Unit Head salary at Ageas Federal Life Insurance ranges between ₹8 Lakhs to ₹15 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 28 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Unit Head

9mo ago

₹15 Lakhs

11 years exp.

10mo ago

₹9.1 Lakhs

8 years exp.

11mo ago

₹13.9 Lakhs

7 years exp.

1y ago

₹10.5 Lakhs

11 years exp.

1y ago

₹13.1 Lakhs

12 years exp.

1y ago

10 years exp.

1y ago

10 years exp.

1y ago

17 years exp.

1y ago

10 years exp.

1y ago

10 years exp.

Experience wise Ageas Federal Life Insurance Unit Head salaries

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13.9 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.1 L/yr
9 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
10 years (6 salaries)	₹8.6 L/yr - ₹13.3 L/yr
11 years (5 salaries)	₹9.1 L/yr - ₹15 L/yr
12 years (3 salaries)	₹8.1 L/yr - ₹13.1 L/yr
13 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹20.1 L/yr
14 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹12 L/yr
15+ years (6 salaries)	₹8 L/yr - ₹13 L/yr

View all

Similar Designation salaries in Ageas Federal Life Insurance

Deputy Manager Salary

(7 salaries)

₹3.1 L/yr - ₹5.75 L/yr

Operations Manager Salary

(7 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Vice President Operations Salary

(AmbitionBox Estimate)

₹73.1 L/yr - ₹80.9 L/yr

Top skills at Ageas Federal Life Insurance for Unit Head

Direct Sales Life Insurance direct marketing Bancassurance Business Development Agency Management Team Handling Channel Sales Team Building Capacity Building Recruitment Insurance Sales LI DST Business Development

Salary related reviews for Ageas Federal Life Insurance

4.4

Rated by 4 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 09 Jun 2023

5.0

for Salary and Benefits

Likes

No Dress code work life balance Hybrid (presently) Salary and bonus attractive yearly bonus is amazim

Salary - Excellent

+6 more

Dislikes

9 hours complusory sitting and bimoetric some departments are not at all good Cafeteria will make you starve for good food

Branch Support Associate in Visakhapatnam

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Feb 2024

4.0

for Salary and Benefits

Likes

I had been worked in Ageas federal since 2021 April to Nov 2023..it's working culture like Employee friendly Atmosphere and work life balanced.

Salary - Good

+5 more

Dislikes

Middle Management hasn't take care of Employees salary growth of operations Support Employees

Promotions - Poor

Branch Operation Executive in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Jun 2023

1.0

for Salary and Benefits

Likes

...erything manual process and no increment and no promotion for branch operations. Only head office people and Kerala team will get all promotion and salary hikes

Dislikes

Disliked the company thinkings

Salary - Bad

+6 more

Senior Relationship Manager in Thiruvananthapuram

Full Time

Finance & Accounting Department

2.0

• posted on 26 Apr 2022

4.0

for Salary and Benefits

Likes

Worst senior manager makes the company worst place to work with, good package is the only best thing

Salary - Good

Dislikes

Worst selling practice, worst management, worst incentive packages makes the company worst place to work with

Skill development - Poor

+4 more

Senior Agency Lead (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 Jul 2023

1.0

for Salary and Benefits

Likes

...er joined as Agency leader and he did business of rs 8.5 lac in just two months.but company not giving him salary and commision.. every commitment was wrong.. even they fraudent to coustomer also.. totally bluff ..suggest to people don't go with this company. my father was in Baroda branch.finally he left company.

Dislikes

Baroda branch.. one of the worst branch ..they not giving to salary As AL..even they made fool the coustomer also. zero service after you purchased policy..wrong commitment with coustomer.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Ageas Federal Life Insurance Unit Head Salary FAQs

What is the salary of Unit Head at Ageas Federal Life Insurance ?

The average salary of a Unit Head at Ageas Federal Life Insurance in India typically ranges from ₹8.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Unit Head at Ageas Federal Life Insurance earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Unit Head Salaries at Ageas Federal Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Ageas Federal Life Insurance employees in India.

What is the estimated take home salary of a Unit Head at Ageas Federal Life Insurance in India?

The estimated take-home salary of a Unit Head at Ageas Federal Life Insurance in India typically ranges from ₹79,926 to ₹82,007 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 6 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Ageas Federal Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Unit Head at Ageas Federal Life Insurance ?

To be a Unit Head at Ageas Federal Life Insurance in india, the key skills required include:

- Direct Sales
- Life Insurance
- direct marketing
- Bancassurance
- Business Development

These skills are highly valued at Ageas Federal Life Insurance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Unit Head in companies similar to Ageas Federal Life Insurance in India?

The salary of a Unit Head at companies similar to Ageas Federal Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Capital Insurance	₹5.6 Lakhs to ₹12.7 Lakhs per year
Aegon Life Insurance	₹8.5 Lakhs to ₹9.2 Lakhs per year
Bharti AXA Life Insurance	₹5.5 Lakhs to ₹6.0 Lakhs per year
NoBroker	₹0.8 Lakhs to ₹6.5 Lakhs per year
ManipalCigna Health Insurance	₹3.2 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Unit Head at Ageas Federal Life Insurance in India?

The salary growth for a Unit Head at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Unit Head can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience	Average Salary Range
6 years	₹4.5 Lakhs to ₹12.2 Lakhs per year
7 years	₹4.5 Lakhs to ₹13.9 Lakhs per year
8 years	₹9.0 Lakhs to ₹20.1 Lakhs per year
9 years	₹10.1 Lakhs to ₹12.9 Lakhs per year

and so on.

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Ageas Federal Life Insurance Unit Head Salaries

Ageas Federal Life Insurance Unit Head salary in India ranges between ₹8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.